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Stablecoins
Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, as COO. "The Hash" group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.
UXD Raises $3M to Bring Algorithmic Stablecoins to Solana
The team behind the interest-generating UXD is backed by Multicoin Capital, Alameda Research and the Solana Foundation.
LedgerX CEO on Acquisition by FTX.US in Bid for U.S. Crypto Derivatives
Zach Dexter, co-founder and CEO of LedgerX, discusses what’s next for his crypto derivatives firm as it readies to become a wholly-owned subsidiary of Sam Bankman-Fried’s FTX.US by October.
Avanti Bank CEO on Why It’s Important to Become a Federal Reserve Member Bank
Caitlin Long, founder and CEO of Wyoming-based Avanti Bank, a special purpose depository institution (SPDI) that aims to provide crypto custody services for institutional investors, discusses Avanti’s journey to becoming a Federal Reserve member bank. Plus, insights into the U.S. crypto regulatory landscape, private stablecoins, and Avanti’s new digital asset Avit.
Regulating Stablecoins for What They Are
Stablecoins redefine the nature of money. Stop trying to regulate them as if they are nothing new.
Vast Bank CEO on Becoming First US Bank to Allow Clients Direct Access to Crypto
Oklahoma-based Vast Bank has become the first national bank to allow consumers to buy, sell, and manage their cryptocurrencies 24/7 directly with their bank accounts. CEO Brad Scrivner discusses insights into the crypto strategy and the underlying market implications. Plus, how it differs from its competitors and its stablecoin plans.
Paxos Renames Standard Stablecoin as Pax Dollar
USDP's updated smart contract will go live on Aug. 31.
Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
